Chile Cargo

Growth slows in Q4, but full year containerised trade forecast to post solid growth
FULL year global containerised trade growth is projected to reach 11.1 per cent to 138 million TEU in 2010 in spite of the slowdown in traffic across the major trade lanes in recent months, according to Clarkson Research Services.

Container Trade Statistics (CTS), which has recently taken over the task of distributing trade information on all trades to and from Europe from the now defunct European Liner Affairs Association, revealed in its latest report on the Asia-Europe trade that the monthly growth rate in the market has slipped to just five per cent year on year.

On the Indian Subcontinent and Middle East trade to Europe, the growth rate slipped to just 7.6 per cent, marking the first single digit increase on the trade since November 2009.

But according to Clarkson's recently published Container Intelligence Monthly report, some trades are maintaining their monthly year-on-year growth rates even in the final months of 2010, such as the Europe-North America trade.